Economics

South Korea Exports Gain as Annual Shipments Reach Record

  • December’s exports led by shipments of semiconductors
  • Covid-19 pandemic had induced a boom in tech spending

Cargo ships moored at a container terminal at Busan New Port in South Korea.

Photographer: SeongJoon Cho/Bloomberg
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Gains in South Korea’s exports in December helped push the value of shipments to an annual record, as global demand held up through multiple waves of Covid infections.